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Signs show Iowa economy is recovering (some good news on a snowy morning)

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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 09:19 AM
Original message
Signs show Iowa economy is recovering (some good news on a snowy morning)
http://www.siouxcityjournal.com/news/local/article_b41bf6a9-062d-555e-975f-75174d6b6454.html



DES MOINES -- There are positive signs that Iowa’s economy is recovering from months of recession.

Iowa’s leading economic indicators index rose slightly in October, ending a slide of 18 consecutive months and providing positive movement in areas that helped the state work out of its previous economic downturn, officials said Wednesday.

“To me, it’s early stages of recovery,” said Mike Lipsman, manager of the state Department of Revenue’s tax research section.

“I think we’ve turned around in Iowa,” he added. “We’ve been moving this way. We’ve been getting less negative for the past three or four months, but this is the first time that it moved positive on a monthly basis.”
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NYCGirl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 09:28 AM
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1. I'm glad to hear that, and I pray that it continues! NT
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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 09:37 AM
Response to Reply #1
2. Thank you.. me too.. I have to take 5 furlough days, but as long
as people keep their jobs, I am okay with that.
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 09:56 AM
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3. Sending some Tennessee sunshine your way.
Fueled by our new union-busting Volkswagen plant that our fascist GOP Senator done got us! lol
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dmallind Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 10:21 AM
Response to Reply #3
4. Hey send the jobs somewhere else if you don't want them. NT
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 11:08 AM
Response to Reply #4
6. nah ....
.... but do you have some Union organizers you can send me? ;)
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dmallind Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 11:24 AM
Response to Reply #6
8. I,live in NY state so sure we have them.
Not been all that succesful of late of course.
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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 10:24 AM
Response to Original message
5. Great news. This indicator always lags but looks like it's finally turning around in Iowa.
:toast:

Good news for the folks from one of my favorite states.
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WI_DEM Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 11:21 AM
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7. Hope it continues, might help Governor Culver next year
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joeglow3 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 01:31 PM
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9. Fixing the stupid film credit should help out as well. nt
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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 01:34 PM
Response to Reply #9
10. Not sure what you mean?
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joeglow3 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 01:52 PM
Response to Reply #10
11. Here is a link
http://wcco.com/wireapnewsia/Iowa.AG.State.2.1329751.html

Basically, hollywood studios were even able to film in Iowa, buy themselves a car, drive back home (whereever it is) and get a credit for the car. Basically, it was a poorly written bill that resulted in millions being handed out for nothing in return.
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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 01:54 PM
Response to Reply #11
12. Okay now I see what you are talking about.. For a second there I was thinking Children of the Corn
or Field of Dreams and what has that got to do with the price of tea.. :hi:
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